ADVANCED DRAINAGE SYSTEMS, INC. — Director's Dealing 2022

Aug 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK: 0001604028
Period of Report: 2022-08-09

Reporting Person: KING BRIAN W. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-09	Common Stock	M	1870	$54.95	Acquired	5453	Direct
2022-08-09	Common Stock	S	1870	$140.98	Disposed	3583	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-08-09	Option to Purchase Common Stock	$54.95	M	1870	Disposed	2030-09-07	Common Stock (1870)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1747.7401	Indirect

Footnotes

F1: Represents current allocation under KSOP.

F2: The options vest in three equal annual installments beginning on September 7, 2021, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.